Kowtowing to China

President Trump, by his own admission, has “been soft” on China’s trade practices, in the hope that its leaders will pressure North Korea to...

The world should embrace medical tourism

Americans are increasingly turning to medical tourism as a means to find affordable healthcare. In simple terms, medical tourism refers to patients traveling from...

Dealing with information overload

Have you ever considered how technologically inefficient you are throughout the day? Everyone suffers from information overload. A phenomenon whose impact results in wasted...

Cyprus: Your home away from home

Why live, work and invest in Cyprus? To name but a few reasons, you get at least 340 days of sunshine, sounds good, right?...

Using the Netherlands in international tax planning

On May 4, 2009, the Obama administration published a plan to curb tax avoidance that included the following statements: In 2004, the most recent...

Whither free trade?

To answer the question, “Whither free trade?” it is necessary first to answer the prior question: “Whatever happened to free trade?” Whatever happened to free...

The deteriorating investment climate in South Africa

In 1994 South Africa, led by its iconic first democratic president Nelson Mandela, was the darling of the world. Investors flocked to the newly...

The Colón Free Trade Zone – regional distribution center for the Americas

Panama has long been recognized as an avenue for trade since the 16th century when Inca gold and silver filled the Spanish treasury by...
CFR

Protecting personal data – are employers prepared?

The new Data Protection Law, gazetted in June, will regulate the future processing of all personal data in the Cayman Islands. Employers should take...

Explaining Cayman’s success through its role in the Anglo-American triangle

The foreign capital booked in the Cayman Islands is enormous by any standard. Combined data for external banking activity, portfolio investment Iand direct investment...

Welcome to the VUCA world

In recent months, something new and structurally revolutionary has been brewing in the global financial markets. This new trend, traceable in its beginnings to...

U.S. suspension of premium processing for H1-B visas creates opportunities to attract high-tech business...

The temporary suspension of premium processing of H-1B petitions With the recent uncertainty regarding the Trump administration’s current position on skilled immigrants, including the U.S....

Fintech and the future of finance

In the years since the financial crisis of 2008, the landscape of banking has changed dramatically. The Occupy Wall Street movement galvanized popular outrage...

Universal Basic Income – disease or cure?

A big, bold new plan for a radically revised social safety net is sweeping the world. It’s called the Universal Basic Income (UBI). In...

Applying the Cayman approach to virtual currency: A disruptive opportunity waiting to happen

Stop me if you have already heard the story: A financial innovation comes to prominence offering opportunities to cut transactional friction, improve financial privacy,...

OECD Watch

The Organisation for Economic Co-operation and Development (OECD) has gradually carved for itself a central role in global tax matters over the last two...

Globalization and nationalism: Good and/or bad?

Globalization is under attack and nationalism is on the rise.  The evidence includes the election of Donald Trump. But what is this globalization these...

India’s currency ‘reform’

A number of countries have introduced new currencies for a variety of reasons.  All 14 former republics of the Union of Soviet Socialist Republics...

Cowperthwaite’s ‘un-Keynesian’ Hong Kong

The story of the emergence of Hong Kong in the post-war era from city devastated by war to a light manufacturing and transport center...

Money matters for investors and officials

Over the past eight years, monetary mischief restrained the economy by 1) encouraging businesses to use cheap money to buy back their own stock...